Industrial News

Marcellus Shale jobs market takes another beating (USA)

17 February 2016. Low natural gas prices just keep hitting oil and gas industry workers in the Marcellus Shale. The state Department of Labor figures show 2,262 fewer oil and gas jobs when comparing quarter two of 2015 to 2014. Cabot Oil and Gas announced in a press release a 58 percent reduction to $325 million as opposed to $774 in 2015...